Core Insights - The "zero tariff" policy for raw materials in Hainan Free Trade Port has been implemented for five years, with significant benefits being realized, including a total import value of 11.9 billion yuan and tax reductions exceeding 1.6 billion yuan [1][2] Group 1: Policy Implementation - The policy allows enterprises registered in Hainan Free Trade Port to import raw materials for self-use or processing without paying import tariffs, VAT, or consumption tax, easing operational cash flow pressures [1] - The initial list of goods eligible for the "zero tariff" policy included 169 items, which has expanded to 653 items after two rounds of updates, covering various sectors such as food processing, oil production, and pharmaceutical manufacturing [1] Group 2: Customs Support and Future Plans - Haikou Customs has implemented multiple measures to enhance the benefits of the "zero tariff" policy, including online and offline guidance for enterprises, a "one-stop" green channel for customs clearance, and tailored policy service packages [2] - Future efforts will focus on continuous policy promotion and individualized support for enterprises to ensure the smooth implementation of the "zero tariff" policy as Hainan Free Trade Port prepares for full closure operations [2]

Group 1 - The Hainan Free Trade Port's processing value-added tax exemption policy has resulted in a cumulative domestic sales value of 110.8 billion yuan and a tax exemption of 8.6 billion yuan since the beginning of the 14th Five-Year Plan, as of late September this year [1] - The "zero tariff" policy for raw materials has attracted many "two ends outside" enterprises, leading to a significant increase in investment inquiries, with the import value reaching 270.6 billion yuan and tax reductions amounting to 50.9 billion yuan since the start of the 14th Five-Year Plan [2] - The Hainan Free Trade Port is preparing for its full island customs closure operation, which is expected to enhance the efficiency of business operations and attract more enterprises to register their vessels under the "China Yangpu Port" policy [2][3] Group 2 - The automation in production lines and the ongoing communication with customs for policy benefits indicate a positive outlook for local enterprises, with plans for celebrations to mark business milestones [3] - The establishment of a special customs supervision area across Hainan Island aims to provide opportunities and benefits for enterprises investing in the region, enhancing connectivity with global markets [3]

Core Points - The "zero tariff" policy for raw materials in Hainan Free Trade Port has been effective for over four years, resulting in tax exemptions totaling nearly 1.2 billion yuan for enterprises [1][2] - The first import under this policy was completed in just 26 minutes, showcasing the efficiency of the customs process [2][4] - As of June this year, the Hainan Customs has supervised 1,063 batches of "zero tariff" raw materials, with a total import value of 8.689 billion yuan and tax exemptions of 1.186 billion yuan [9][10] Policy Implementation - The "zero tariff" policy was officially implemented on December 1, 2020, and has undergone two significant upgrades, expanding the list of eligible products from 169 to 653 items [9][10] - The policy has been well-received by enterprises, with Hainan Airlines importing 15 batches of 17 items worth 365 million yuan, resulting in tax exemptions of approximately 53.07 million yuan [7][10] Economic Impact - The policy has significantly reduced costs for enterprises, with the first batch of imported weather radar transceivers saving Hainan Airlines about 53,000 yuan, which is nearly 14% of the total cost [6][7] - The total value of goods imported under the "zero tariff" policy has reached 8.689 billion yuan, with major product categories including wood chips, aviation materials, crude oil, and medical devices [10]

Core Viewpoint - The article discusses the implementation of a "zero tariff" policy for raw materials imported by enterprises registered in Hainan Free Trade Port, aimed at promoting production and service trade activities. Group 1: Zero Tariff Policy - Enterprises with independent legal status registered in Hainan Free Trade Port can import raw materials for self-use production and "two ends outside" production processing activities without paying import tariffs, value-added tax, and consumption tax [1] - The "zero tariff" raw materials will be managed under a positive list system, which will be dynamically adjusted by the Ministry of Finance in conjunction with relevant departments based on Hainan's actual needs and regulatory conditions [1] Group 2: Applicable Components for Maintenance - The "zero tariff" policy also applies to components used for maintenance, which must meet one of the following conditions to be exempt from import tariffs, value-added tax, and consumption tax: 1. Components used for the maintenance of aircraft and vessels that enter the country from abroad and are re-exported [2] 2. Components used for the maintenance of aircraft operated by airlines based in Hainan [2] 3. Components used for the maintenance of vessels operated by shipping companies registered in Hainan [2] 4. Components used for the maintenance of "zero tariff" yachts and self-use production equipment imported under specific notifications [2]

Core Viewpoint - The article discusses the "zero tariff" policy for raw materials in the Hainan Free Trade Port, detailing the conditions for transfer and usage of these materials, particularly in relation to aircraft and vessels [3][4]. Group 1: Zero Tariff Raw Materials - "Zero tariff" raw materials are limited to production use within the Hainan Free Trade Port and are subject to customs supervision, with restrictions on transfer [3]. - In cases of corporate bankruptcy, the transfer of "zero tariff" raw materials requires customs approval and the payment of taxes [3]. - When transferring goods manufactured from "zero tariff" raw materials, companies must pay the original import duties and taxes [3]. Group 2: Conditions for Maintenance of Aircraft and Vessels - Raw materials used for the maintenance of aircraft and vessels must meet specific conditions, including being for aircraft entering and exiting the country and those operated by Hainan-based airlines [3]. - The policy also applies to vessels registered in Hainan and operated from local ports, allowing for tax exemptions on certain imported materials [3]. - Unauthorized use of "zero tariff" components without customs approval and tax payment is prohibited [3].